The investment will focus on expanding production capacity at Nestlé plants located in Veracruz, Guanajuato, Querétaro, and the State of Mexico In a significant announcement from the National Palace in Mexico City, the President of Mexico Dr Claudia Sheinbaum Pardo met with Steve Presley, CEO of Nestlé for the Americas[Read More…]
Finance
JBS enters egg category with acquisition of 50% stake in Mantiqueira
The investment expands the Company’s global multi-protein platform JBS, one of the largest food companies in the world, announced its entry into a new protein segment. The company has acquired a 50 per cent stake in Mantiqueira Brasil, the largest egg producer in South America. This acquisition reinforces JBS’s global[Read More…]
TopGum expands to North America with acquisition of Island Abbey Nutritionals
The acquisition bolsters TopGum’s strategic focus to deepen its foothold in the US market TopGum Industries, a global leader in the development and manufacturing of gummy supplements, announces it has acquired Island Abbey Nutritionals, a leading CDMO specialising in supplement gummies and lozenges, located in Prince Edward Island, Canada. This[Read More…]
KitKat Australia factory receives $30Mn break
The investment will support increased production capacity Nestlé Australia has announced a new $30 million investment in its Campbellfield factory in Victoria, the home of KitKat. This state-of-the-art technology will enhance digital and AI capabilities, improving the iconic KitKat wafer and enabling further innovation in the product line. Additionally, the[Read More…]
Carlsberg Group completes acquisition of Britvic plc
The combined business will be called Carlsberg Britvic The Carlsberg Group (Carlsberg) announced that its wholly owned subsidiary Carlsberg UK Holdings Limited has completed the acquisition of the leading international soft drinks business Britvic plc (Britvic) to create a single integrated beverage company in the UK. The combined business will[Read More…]
EDIBLE GARDEN to acquire NARAYAN GROUP to expand into Europe and North America
The Narayan Group is a prominent producer of organic coconut and superfood products Edible Garden AG Incorporated, a leader in controlled environment agriculture (CEA), known for its locally grown, organic, and sustainable produce and products, has announced the signing of a non-binding letter of intent (LOI) to acquire the outstanding[Read More…]
PepsiCo acquires Siete Foods
With Siete, PepsiCo will further expand its portfolio of products with nutritious, simple foods and ingredients and bring this popular, growing brand to new fans in even more places PepsiCo announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (Siete), for $1.2 billion. Over the[Read More…]
Valeo Foods Group completes acquisition of I.D.C. Holding
The acquisition of I.D.C. Holding introduces complementary brands and opens the door to significantly strengthening our position in the Central and Eastern European market Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed its previously announced acquisition of I.D.C. Holding, a major independent[Read More…]
Circus SE to acquire FullyAI to revolutionise human-AI interaction
Circus will enhance human-AI interactions in labour-intensive industries by integrating FullyAI into its ecosystem, starting with its Physical AI food-service robot, CA-1 Germany-based Circus SE a global leader in Physical AI applications, has announced the intended acquisition of FullyAI, one of Europe’s leading Agentic AI players. The company has developed[Read More…]
Geia Food acquires UK’s Lupa Foods
This partnership marks a pivotal moment for Lupa Foods, enhancing its ability to deliver greater value to customers through expanded product offerings Lupa Foods announced its acquisition by Geia Food, a leading Nordic food group with a combined annual turnover of £370 million. This partnership marks a pivotal moment for[Read More…]
